U.K. Arbitrators Construe Hand-Written Settlement Agreement
Mark S. Katz of Mound Cotton Wollan & Greengrass
Intermittently over the past four years, an arbitration panel in London has been the forum for a complex insurance .
Recent Revisions to New York Excess Line Statutes
Rosenman & Colin LLP
On July 21, 1997, Governor Pataki signed Senate Bill 18, which revises New York's excess line broker law, effective.
When Compliance Fails: Current Issues in Directors' and Officers' Liability Coverage
Farella Braun + Martel LLP
It goes without saying that corporate boards and management, including general counsel, must be more vigilant than ever in ensuring appropriate corporate governance and compliance with acceptable financial reporting standards. The strictest attention to compliance, however, does not ensure that the corporation will escape a shareholders' suit if its stock drops unexpectedly, no matter what the reason. Fortunately, despite gloomy prognostications of a future hardening of the insurance market, directors' and officers' liability insurance currently is, for most corporations, available and affordable.
The Veil of Tiers: Shareholder Lawsuits and Strategic Insurance Layers
Boris Feldman of Wilson Sonsini Goodrich & Rosati
This article addresses how the "strategic tiering" of directors' and officers' (D&O) insurance can be a useful consideration in designing an effective risk management program.
The Insurance Crisis for Long Term Care Facilities
Ira Gottlieb of McCarter & English, LLP
Obtaining affordable liability insurance policies for long-term care facilities (Skilled Nursing Facilities, or "SNFs") was once an easy task to accomplish. In the past the market for such insurance was marked by its sleepiness and by the simplicity of the basic information needed to write coverage for multiple perils at SNFs. But today, those times are a distant memory for the long-term care industry.
Construction Risk Management Update--Thelen Reid Report No. 25
Thelen LLP
This article reviews a recent California decision named Vandenberg v. Superior Court whereby the Court ruled that CGL policies can cover contractual liabilities.
Protection from Disgruntled Employees
George W. Skogstrom of Schlossberg & Associates P.C.
It all started innocently enough. J.Q. Employee was having problems on the job (tardiness, excessive absences, perf.
Creative New Insurance Products LMU, REP & Warranty and Contingent Tax Insurance
Dan Bailey, Esq. of Arter & Hadden LLP
In response to the insurance industry's recent profitability challenges and increased commitment to creative risk management techniques, many insurers are now offering three types of new insurance products that can provide significant benefits to a company. Each are briefly described in this article.
NJ Supreme Court Provides Clear Guidance for Allocating Excess Policy Coverage
Riker Danzig Scherer Hyland & Perretti LLP
This article discusses the recent case of Carter-Wallace, Inc. v. Admiral Insurance Co., where the New Jersey Supreme Court examined the issue of how coverage should be allocated among excess insurers where underlying primary policies have not been exhausted throughout the entire coverage period.
New Golf Course Insurance Program Available
Saul Ewing LLP
With the increase popularity of golf, and the number of lawsuits associated with the sport being filed - fr.
Insurance for Discrimination Claims is Available
Dykema Gossett PLLC
While the Michigan Court of Appeals restricted employers' ability to reduce their exposure to discrimination c.